Category Archives: Economics

Raluca et al. (2014) provide a survey of the economic studies regarding the performance of Fair Trade certifications. They focus on the coffee industry, by large the most important product under the Fair Trade label. In this article […]

In his book Climate Matters, John Broome (2012) examines climate change from the point of view of moral philosophy. Unlike many other essays that consider the ethics of social choice in this matter, Broome’s book contains some chapters that […]

In the first part of this series, I presented the rationale for government intervention in the health sector and, then, summarized the findings of Stabile and Thomson (2014) on the problems of financing and risk pooling in different health […]

Insurance markets are far from meeting the conditions that make competitive markets efficient. Here is an incomplete but illustrative list of problems in the case of health insurance: Externalities: my health quality affects me, but also affects people around […]

This is the English version of a section in Ferreira (2014) , a paper dedicated to overview the experiments in Industrial Organization that appeared in Revista de Economía Industrial, and is reproduced here with the permission of the journal.

Until […]

 
This is the English version of a section in Ferreira (2014) , a paper dedicated to overview the experiments in Industrial Organization, to appear in Revista de Economía Industrial, and is reproduced here with the permission of the journal. […]

This is the English version of a section in Ferreira (2014) , a paper dedicated to overview the experiments in Industrial Organization, to appear in Revista de Economía Industrial, and is reproduced here with the permission of the journal.
In […]

In Economics, an efficiency wage is defined as a wage above the equilibrium price paid to obtain a more efficient job from the employee. For this to be the case, there must be some sort of market failure that prevents […]

Slonim et al. (2014) discuss the problems of blood allocation in different countries and suggest a mechanism that can improve it. The present article is a summary of their main ideas.
In the wealthy countries blood is mostly supplied […]

You play rock-paper-scissors against someone. What is the best strategy? Of course, it depends of what your opponent does. If he is someone who always plays “rock”, then you better play “paper”. But if your opponent is not that naïve […]